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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (23799)8/10/1998 8:39:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
HI Bill; I'm not out there very far, and it looks like some downside
on the open, not a lot but I could get stoped out again.
Jim



To: William H Huebl who wrote (23799)8/10/1998 9:53:00 AM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
Bill, not much rally action off this oversold condition. We still haven't put in a "fear" bottom as indicated by the put/call ratio.

A test of the lows on the spx is in the cards.

Save your long money for that bottom, we should get a decent rally off the next bottom.

bwdik,
bb